Central Bank: Brokerage firms are prohibited from directly or indirectly holding trading positions.
The People's Bank of China is soliciting public opinions on the "Regulations on the Management of Interbank Market Brokerage Business". The draft for public opinions mentions that monetary brokerage companies in the interbank market, brokerage business departments set up by other brokerage institutions, and brokerage business practitioners are not allowed to directly or indirectly hold trading positions, directly or indirectly control trading accounts, or use the advantage of brokerage business information to gain unfair profits during the matching process.
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